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0 If you feel that the time has come to hire an accountant, there are a number of things to look out for and steps that you should take. In a sense, it is almost like choosing a business partner.
Where should you look?
There are hundreds of thousands of qualified accountants in the UK. So, where are the best places to look?
1. Government and business organisations
There are voluntary organisations and local chambers of commerce that are aimed at helping small businesses. These usually offer free advice, guidance and events.
2. Make use of your social circle
Ask any friends or family members who have their own small business if they have an accountant – and if so, would they recommend them?
- Don’t forget online platforms
LinkedIn is one of the largest social media platforms globally with over 900 million members. If you already have an account, you can search for accountants who have been recommended by others.
Accountants Bristol
If you feel that you could benefit from financial advice, there are a number of accountants Bristol who can help.
What to take into account?
1. Location: You need to decide if location matters, or if you are happy to work online. This can help reduce or increase your options.
- Qualifications and experience: For peace of mind, you will want to choose an experienced and qualified accountant.
3. Expertise: You will ideally want an accountant who has expertise in your particular type and size of business.
4. Software: It is worth checking what accounting software they use. Ideally, it will be the same as the one you use.
5. Fees: Know how much you are prepared to pay and whether you will be charged by the hour/day, a monthly fee/retainer, or even a percentage of your income.
Once you have narrowed down your choices to a shortlist, make sure that you interview each of them, talk to some of their existing clients, and do some general background checks. Then, trust your instincts and make your choice.
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